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In the spotlight today is Kim Curtis, President & CEO of Wealth Legacy Institute. She speaks passionately about the topic of financial literacy. Kim’s story starts with a red paper ticket for school lunches and a heap of student loan debt that began her journey to becoming a CEO of a wealth management firm. She has shared the stage with astronaut Buzz Aldrin and been featured on the jumbotron in Times Square. She has advised State Governors, national TV personalities and even cage-fighting superstars in the UFC.
You’ll love her passion for her award-winning highly personal client-centric planning model, and her holistic approach to integrated wealth management – which she says anyone can learn and adopt.
I know you will enjoy her stories and advice, whether you are just getting started or nearing retirement.
In this episode you will learn:
A little about me:
I began my career as a teacher, was a corporate trainer for many years, and then found my niche training & supporting business owners, entrepreneurs & sales professionals to network at a world-class level. My passion is working with motivated people, who are coachable and who want to build their businesses through relationship marketing and networking (online & offline). I help my clients create retention strategies, grow through referrals, and create loyal customers by staying connected.
In appreciation for being here, I have a couple of gifts for you.
A LinkedIn Checklist for setting up your fully optimized Profile: https://www.janiceporter.com/linkedin-training.html
An opportunity to test drive the Follow Up system I recommend by sending a FREE greeting card (on me): www.sendacardeverytime.com
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Hi, everyone, and welcome to this week's episode
Janice Porter:of relationships rule. My special guest today is Kim
Janice Porter:Curtis coming to us from Denver, Colorado. Yes, Denver.
Kim Curtis:I'm right. Yes, yes, yes.
Janice Porter:And actually, my daughter is there right now,
Janice Porter:I've never been to Denver, but I hear it's beautiful. So welcome
Janice Porter:to the show. Kim.
Kim Curtis:Thank you. Glad to be here.
Janice Porter:I am quite interested to talk to Kim Kim
Janice Porter:is, is considered one of the world's foremost experts in
Janice Porter:building wealth consciousness, I think, from what I understand,
Janice Porter:and we're gonna get Kim to tell me more. But Kim has a holistic
Janice Porter:approach when it comes to money. And I think is also very
Janice Porter:passionate, I would say about women and money. So if I'm on
Janice Porter:the right track, Kim, I would just like you to share with my
Janice Porter:audience a little bit about your journey, and you're passionate
Janice Porter:about that.
Kim Curtis:Happy to i i am a CEO of a wealth management firm.
Kim Curtis:However, my journey was nothing like that to get here. It was
Kim Curtis:not something in my 20s I thought that I would be doing.
Kim Curtis:Yeah, you were a lawyer, right? At first, I do have a legal
Kim Curtis:background. That's right. But if I were to go a little earlier
Kim Curtis:than that, okay, my mom got divorced when I was a teenager.
Kim Curtis:And she got full custody of three teenage girls who had no
Kim Curtis:employable skills. And so she applied for and received
Kim Curtis:government assisted school lunches for us. And it was a red
Kim Curtis:paper ticket, kind of like, it looked exactly like those raffle
Kim Curtis:tickets that we use today. That was a ticket that I had to hand
Kim Curtis:to the cashier. And that shame associated with I'm the poor
Kim Curtis:kid, everyone knows I'm the poor kid actually carried through
Kim Curtis:into my young adult life. However, my mom had something
Kim Curtis:very important to her daughters. And that was the value of
Kim Curtis:education. And she would say you make sure you get your education
Kim Curtis:because no one can take it away from you. And she said that
Kim Curtis:because she got married early because my dad got drafted into
Kim Curtis:the war. And by marrying early before she finished high school.
Kim Curtis:She and then moved to New York. So that was her journey that she
Kim Curtis:put on us. So I, you know, went to undergrad went to law school
Kim Curtis:and right out of law school, defaulted on my school loan
Kim Curtis:debt. I had no business understanding anything about
Kim Curtis:what default meant to my credit report. And today's dollars, it
Kim Curtis:was about $92,000. And so I already felt I don't know if
Kim Curtis:it's a victim. But I definitely felt that money was not in my
Kim Curtis:favor. And that it was for other people. Certainly not me.
Janice Porter:I hear you. Yes.
Kim Curtis:So when we think of the listeners and viewers, how
Kim Curtis:many of them you feel that way? That money is that that we're
Kim Curtis:completely unconscious around money? Not self aware?
Janice Porter:Yeah, I have a story around money too. And
Janice Porter:it's, it all stemmed from my father. And so I know we all and
Janice Porter:it took me a long time to rid myself of that story. Because I
Janice Porter:actually one of my mentors, the CEO of Send Out Cards, actually,
Janice Porter:he has the saying that stayed with me for so long, that the
Janice Porter:stories in your mind become the stories of your life.
Kim Curtis:That's so beautiful.
Janice Porter:And it's so true. Because it's I had this story
Janice Porter:for so long, about money. And it was you know, I mean, I've
Janice Porter:obviously over the years because money was something for me, that
Janice Porter:I a stigma of some sort for me. I've I've talked and read stuff
Janice Porter:about money and talk to people and I've done some work on
Janice Porter:myself around money and so on. I'm still not the best when it
Janice Porter:comes to, you know, I'm a spender, not a saver. And and it
Janice Porter:comes from so many expressions that my father used to say when
Janice Porter:I was a kid. And But ironically, the story is almost similar in
Janice Porter:that, not that my parents divorced, then not not that
Janice Porter:early in my life. But we moved from England to Canada, when I
Janice Porter:was little, and my father with the land of opportunity, and
Janice Porter:starting again and wanting to build from scratch and so on.
Janice Porter:And my mom had gotten married really young to, you know,
Janice Porter:because my father was in the service. And, and so she didn't
Janice Porter:have an education, but neither did he because he had had to go
Janice Porter:to this into the war. And he was very bright and he always used
Janice Porter:to say about the education, you got to get an education. It was
Janice Porter:a very same thing as you but there were other things as well.
Janice Porter:But this isn't about me. This is about you. So but it's I think
Kim Curtis:it helps the viewers if you're willing to share what
Kim Curtis:some of those messages that he would say, oh Have you had cars?
Kim Curtis:I'm sure we all may have heard the same thing?
Janice Porter:Well, I'll give you a couple. There was one that
Janice Porter:was, well, there was always the, you know, money doesn't grow on
Janice Porter:trees. But there was also it's not a crime to be poor. It's a
Janice Porter:crime to look poor. That was a scary one. Actually, when you
Janice Porter:think about that, that's a double edge. Yeah, totally. And
Janice Porter:I never forget that. You know, it's not a crime to be poor.
Janice Porter:It's a crime to look poor. Wow. Well, okay, I'll give you Well,
Janice Porter:I don't I don't want to say the sun here. I'll tell you later.
Janice Porter:But there was you know, that probably filtering my father's
Janice Porter:story a lot. You know, that that whole thing. But anyway, yes.
Janice Porter:There's, there's lots of them. But But what's interesting is,
Janice Porter:and I'll segue over to you, because when my father died, and
Janice Porter:he died young, he was 63. My mom didn't know how to write a
Janice Porter:check. She didn't know anything about money, because it had
Janice Porter:always been Don't worry, honey, I'll look after it. That was
Janice Porter:another one. Don't worry, I'll look after it.
Kim Curtis:Materially as women, whether it was our fathers or
Kim Curtis:our husbands?
Janice Porter:Yes. So that was huge. And, and I think that you
Janice Porter:must have come across that with, with women as well. Like, okay,
Janice Porter:so how, how did you go from, you know, the law to was it was it
Janice Porter:because of that debt that you came through that you started to
Janice Porter:find out more about money and wanting to help other people?
Kim Curtis:It really was, it was the start. But yes. I love
Kim Curtis:these stories. And I'm sure there's so many viewers that are
Kim Curtis:just feeling what we're describing right now. And so I
Kim Curtis:will share my story. And to help maybe the listeners get a better
Kim Curtis:understanding of what they may need to do or how to do it, or
Kim Curtis:what are some of the steps. So for me, I had an anonymous
Kim Curtis:donor, pay $1,000 on my school loan debt. And because I always
Kim Curtis:say that if your head is in the sand on money, your head is in
Kim Curtis:the sand on other areas of your life. Because how you do money
Kim Curtis:is how you do that money is this invisible thread that navigates
Kim Curtis:our human existence, on everything we touch. So if our
Kim Curtis:if we are unconscious and not aware of money, recognize that
Kim Curtis:there are you are walking asleep in other areas as well, whatever
Kim Curtis:those other areas may be. So the reason I say that is a fact that
Kim Curtis:I opened the statement to notice that the bill went down was
Kim Curtis:itself a shock to me. Yes. So. So what I ended up doing because
Kim Curtis:it was anonymous, is I had to ask those questions to myself, I
Kim Curtis:couldn't go to them. What do you want from me? Or what do you see
Kim Curtis:in me that I don't see in myself? Yes. And that really was
Kim Curtis:the key question. Because who am I? Who do I want to be? What is
Kim Curtis:it that they see that I don't see. And it was almost Janice,
Kim Curtis:like a snap, really. And the snap was conscious, like I was
Kim Curtis:unconscious, so the snap was awake? Because what I recognized
Kim Curtis:at that point of that question, is that, oh, my gosh, someone
Kim Curtis:believes in me, why don't I believe in myself? And then who
Kim Curtis:do I want to be? And I think it was at that moment that I
Kim Curtis:realized, you know, events happen in our life that we have
Kim Curtis:no control over. But we do have control over our responses to
Kim Curtis:those events or our choices that we make, and that dictates our
Kim Curtis:outcomes. So I think recognizing that I was in control of my
Kim Curtis:destiny. And that snap, made me awake, that from that point
Kim Curtis:forward, recognize it was a journey. It was a journey. And I
Kim Curtis:just kept believing in myself, trust myself, trust myself,
Kim Curtis:trust myself. So you know, and the lot of mistakes along the
Kim Curtis:way, but that was the start, was I'm I'm going to be awake in
Kim Curtis:this area. And I'm going to take ownership for this debt. Okay,
Kim Curtis:and I'm going to figure out how to pay it off. And once you're
Kim Curtis:awake to it, you can't deny it anymore. Right? Right. And that
Kim Curtis:was the start of my journey to get out of debt and to really be
Kim Curtis:responsible around money. So it was over a decade later that I
Kim Curtis:ended up in finance. Okay, and I ended up in finance from a quiz.
Kim Curtis:Okay, so how many of the viewers you know, no people in human
Kim Curtis:resources or have taken all of those tests about what is the
Kim Curtis:career that would best suit our needs? Um, And so I took those
Kim Curtis:quizzes and my friend said, you know, personal finance is an
Kim Curtis:area that may be a good place for you. And because I my area
Kim Curtis:of expertise and law was negotiation, mediation
Kim Curtis:arbitration, I understood how to hold the container for couples
Kim Curtis:or people to have conversations that are difficult to get to the
Kim Curtis:other side. And when we think about money, and couples, yes,
Kim Curtis:it's a skill that works really well. Yeah, and oftentimes
Kim Curtis:people come to us, one of the spouses may not feel like they
Kim Curtis:have the ability to voice their opinion, or to get what they
Kim Curtis:need, and particularly the conversation around money. We
Kim Curtis:men created money back in the day for the exchange of goods
Kim Curtis:and services. We were not part of that conversation, nor up
Kim Curtis:until recently, could we even get a credit card or get a job
Kim Curtis:without our spouse's signature?
Janice Porter:I know, and I read that in your in some of
Janice Porter:your things that I looked at, and it took me aback, I got
Janice Porter:married. My starter marriage, I was very young. And I remember
Janice Porter:when I had my first child, and became a stay at home mom, or so
Janice Porter:I thought for it was going to be forever, but the picket fence
Janice Porter:fell down. But I tried to get a credit card when I was on my
Janice Porter:own. This was when the credit Yeah, that's right. When my
Janice Porter:marriage broke up, I tried to get a credit card, and I
Janice Porter:couldn't get one. Because my husband had to sign it or
Janice Porter:something. And we weren't together anymore. I'm like,
Janice Porter:what? Yeah, I remember that.
Kim Curtis:Well, when we think of our grandmothers and our
Kim Curtis:great grandmother's, they had a stash. Yes, yes. Yes. And that
Kim Curtis:stash was not for opportunity. Yeah. Yeah, that stash was
Kim Curtis:protection.
Janice Porter:My mother did that. My mother did that, too. I
Janice Porter:remember because, you know, she got money from for groceries
Janice Porter:every week. Was she take a little bit and put it aside for
Janice Porter:her?
Kim Curtis:Yes. Yeah. So when we think of where are we with
Kim Curtis:money today, that the idea of the conversation around
Kim Curtis:investing is actually not a real touchy, feely, interesting
Kim Curtis:topic. So we don't necessarily lean in as women. But we do Lean
Kim Curtis:In when we talk about our family, and our aging parents,
Kim Curtis:and the education of our children, and the things that
Kim Curtis:are most important for the collective of the family. So
Kim Curtis:that's why
Janice Porter:Yeah, no, go ahead. That's why
Kim Curtis:so so so like, we think of Maslow's hierarchy of
Kim Curtis:needs, right? The bottom. So you know, food, clothing, shelter,
Kim Curtis:the top is self actualization? Well, if you put that into
Kim Curtis:wealth management, or the work that I do, the bottom is people
Kim Curtis:come to us for managing their money. Okay, kind of male
Kim Curtis:directed. Oftentimes, it is the spouse, the man who are making
Kim Curtis:that first introduction, our job on that next rung of four rungs
Kim Curtis:is to tie it to a financial plan, tied to goals, things that
Kim Curtis:are important to them, that bring the women into the
Kim Curtis:conversation. Now, these are sweeping generalizations that
Kim Curtis:we're doing gender, but to bring them into the conversation about
Kim Curtis:goal achievement. Because if you invest without a plan, it's like
Kim Curtis:archery without a target. When the markets go up and down, you
Kim Curtis:have no idea what that means to you specifically, unless it's
Kim Curtis:tied to a plan. So goal achievement tied to a plan that
Kim Curtis:third rung as you go to the four rungs is, wow, I can finally do
Kim Curtis:this, I've been saving all my life. And now I could step off
Kim Curtis:and live in it. And that moment in time, when someone realizes
Kim Curtis:that all the work that they did before allows them to make
Kim Curtis:different choices moving forward through retirement is emotional.
Kim Curtis:Yeah, it is really a deep seated feeling that people have on who,
Kim Curtis:and that's peace of mind, to know that they could live on a
Kim Curtis:certain monthly dollar amount. And when you have peace of mind,
Kim Curtis:you could take a big breath for the pinnacle, which is impact
Kim Curtis:or, or legacy or fulfillment. But think about it. We're here
Kim Curtis:on this planet with our unique gifts and all the things that we
Kim Curtis:have to offer the world and most of us are just on this hamster
Kim Curtis:wheel trying to save, trying to get out of debt, trying to do
Kim Curtis:all these things, when in essence, our job is to be at the
Kim Curtis:pinnacle to do our life's work.
Janice Porter:I've got to say though, it's two things. I've
Janice Porter:got to ask you about one instead it's much harder today. Right
Janice Porter:with you know, trying to trying to get to that that goal because
Janice Porter:everything has gone up so much and it's crazy that but the the
Janice Porter:piece about women and money. I've met a few young women
Janice Porter:lately who are into real estate development, and there's just a
Janice Porter:couple that I'm thinking of are like amazing young women who
Janice Porter:have it all too. Are seemed to have it all together in terms of
Janice Porter:money and investments and you know, real estate is their
Janice Porter:thing. But what's your take on these young women today? Because
Janice Porter:I think it's amazing. They have a completely different take on
Janice Porter:things. They don't see that, you know, they can't do that,
Janice Porter:because they're a woman, so to speak.
Kim Curtis:Yeah, I believe that to be true. Two things to that
Kim Curtis:comment. Two thoughts, is, this is the first time that that
Kim Curtis:economists are saying that the next generation will not do as
Kim Curtis:well as the generation before it. So that's new data. Yes. And
Kim Curtis:then second to that, I like to say that if you give me a 20,
Kim Curtis:something, I can turn them into a millionaire. Think about that,
Kim Curtis:give me a 20 something, and I can turn them into a
Kim Curtis:millionaire. What that means is the time value of money, it
Kim Curtis:means a lot of different things of how to get started early. The
Kim Curtis:first though, which is how this whole podcast started, we could
Kim Curtis:use the word mindset if we wanted to, or beliefs, or trust.
Kim Curtis:But it really is the value of who you are. Ultimately, all of
Kim Curtis:this comes down to your self belief of who you are. Do you
Kim Curtis:love yourself? Do you respect yourself? That's where it
Kim Curtis:starts. Because the women that you're describing, didn't have
Kim Curtis:the baggage of our great grandmother's, our grandmothers
Kim Curtis:and our moms. I saw my mom. Now she ultimately became a
Kim Curtis:successful realtor. So I saw her bust her butt. Yeah, to do well.
Kim Curtis:And so I saw hard work. But think of the women today saw the
Kim Curtis:boomer moms, and we're like, I don't want to do that. Right. I
Kim Curtis:don't want to work for the man, so to speak, climb the corporate
Kim Curtis:ladder not be available for their children. So what is an
Kim Curtis:opportunity that can give them flexibility of time, and that
Kim Curtis:they're in control of their destiny? And that is what you're
Kim Curtis:seeing is more side hustles and real estate, which is something
Kim Curtis:that they could actually physically see. Yeah, that feels
Kim Curtis:a little easier. I personally, because my mom was a six
Kim Curtis:successful realtor. I see real estate down the road, not a
Kim Curtis:first thing. The first thing if you wanted to own a home, and a
Kim Curtis:lot of them don't want homeownership for the residents,
Kim Curtis:primary residence, they want the flexibility of travel. Yeah,
Kim Curtis:yeah. And yet, historically, homeownership has been the
Kim Curtis:creation of wealth, for the lion's share of we'll talk about
Kim Curtis:just in the US, because in other countries, it's not as easy or
Kim Curtis:it may not have appreciated as much, or homeownership is not
Kim Curtis:really part of their culture.
Janice Porter:Mm hmm. Well, we include Canada, because I'm from
Janice Porter:Canada. Yes. Yes. So there's something else I want to ask
Janice Porter:you. Because I also noticed that you, you're a bit of a celebrity
Janice Porter:I saw, I saw news footage of you on so you are the expert on so
Janice Porter:many traditional, you know, cameras, not commercials, but
Janice Porter:new spots on TV, you are the expert that they call on
Janice Porter:different places. You've shared the stage with Buzz Aldrin, I
Janice Porter:actually met him at a Science Center in California. And, and
Janice Porter:you've been on the Jumbotron in Times Square, you have worked
Janice Porter:with celebrities, and leaders and high level people. And I
Janice Porter:want to know, I'm curious, I'm curious, but I'm also a
Janice Porter:celebrity hound in a sense, like I'm, I love when pop culture and
Janice Porter:things like that. But what interests me is okay, did you?
Janice Porter:Did you have a desire to be famous, so to speak? to famous
Janice Porter:people, right? Or did you just fall into that? Or was it?
Janice Porter:There's no such thing as luck? I mean, there's no coincidence.
Janice Porter:There's, there's hard work to get to it, too. So that's why
Janice Porter:I'm asking how did that part of it come to be?
Kim Curtis:Your the first person that asked me that
Kim Curtis:question. So I appreciate that question. I would have to say
Kim Curtis:that I fell into it. Okay. So I, to the extent of of my
Kim Curtis:expertise. Yes. And my legal background, made it easier for
Kim Curtis:me to show up in certain places to help people that were in
Kim Curtis:need, or needed a course correction that elaborate a
Kim Curtis:little bit. Yeah, like governors of states. When they get out of
Kim Curtis:office. They're actually starting over a little bit.
Kim Curtis:There's a lot that goes into what they are involved in as
Kim Curtis:they exit their office, probably
Janice Porter:getting into it too. And then they probably have
Janice Porter:to dive, divest themselves and so on. If they were
Kim Curtis:people a little bit or payback people, they they all
Kim Curtis:these friends and people that supported them during their
Kim Curtis:terms. They then have to make sure that that you do the right
Kim Curtis:thing. And so there's lots of different steps that are Hold on
Kim Curtis:that and then I just happened to understand that and I happen to
Kim Curtis:be available for making that happen for a few people.
Janice Porter:So it was okay, but let's just without I'm not
Janice Porter:trying to be rude, but I'm just curious to say, okay, it didn't
Janice Porter:just happen in the sense that I believe, and I'm gonna guess
Janice Porter:it's not what you it's partly what you know, but it's also who
Janice Porter:you know.
Kim Curtis:Of course. Yeah, absolutely. I mean, that is part
Kim Curtis:of it. And then the other is name recognition. I mean, you
Kim Curtis:know, the UFC, you know, cage fighting superstars. That's a
Kim Curtis:little different, you know, like, how did you know what
Kim Curtis:happened there? And that was really a referral. That allowed
Kim Curtis:and they have different and each one is very different. They have
Kim Curtis:sponsors that support them the way they have sponsors.
Janice Porter:So just elaborate a little bit that you helped
Janice Porter:what that you worked with them?
Kim Curtis:You know, cage fighting superstars in the UFC?
Kim Curtis:Yeah, you know, because they have sponsors, and they get a
Kim Curtis:fixed monthly amount of money, and yet they have to train and
Kim Curtis:they get injured. And so how do you navigate that monthly dollar
Kim Curtis:amount so that they can actually have a lifestyle that's
Kim Curtis:appropriate, and be able to take care of themselves? Personally?
Kim Curtis:Yeah. Interesting. So very different. Yes. The governor?
Kim Curtis:Yeah. To us. Yeah. Latson Buzz Aldrin. I mean, he's, he's so
Kim Curtis:funny. I mean, he is a really funny guy.
Janice Porter:He's a character I.
Kim Curtis:That's a great word to describe him. And you know
Kim Curtis:what, quite frankly, he's remarkable that he's still
Kim Curtis:showing up and still doing things related to you know, you
Kim Curtis:said he often makes a joke that he was the first one to take a
Kim Curtis:selfie. That was on the moon, you know, that famous pic iconic
Kim Curtis:picture of him. You were the reflection of him in the camera?
Kim Curtis:Is his first selfie. So? Yeah, like really a great guy.
Janice Porter:What would you say is your proudest moment in
Janice Porter:your career?
Kim Curtis:You know, when I talked about the pyramid? Yes,
Kim Curtis:we call that the planning for life pyramid pyramid. Because
Kim Curtis:that's our process called Planning for life. I would have
Kim Curtis:to say that when I see clients at that place, that when we
Kim Curtis:finally when they see the plan, they finally see where they're
Kim Curtis:at. And they finally ask bigger questions of themselves. I could
Kim Curtis:cry.
Janice Porter:Yeah. So how, how long a process does it is it
Janice Porter:normally to get people there? Is it a few months? Is it does it
Janice Porter:take a year to get
Kim Curtis:depends on availability of time, but
Kim Curtis:generally within six weeks that that is answered,
Janice Porter:okay. Now, are you still doing that work?
Kim Curtis:Yes. Yes, we still and I am still doing that work.
Kim Curtis:Although I did just get back from Beverly Hills. And I did a
Kim Curtis:red carpet, which was so much fun. Oh, that was I've never
Kim Curtis:done that before. And that was with my collaboration. In my
Kim Curtis:book with Jack Canfield. He is the CO creator of Chicken Soup
Kim Curtis:for the Soul. He's amazing. Yes. And I wrote a chapter in the
Kim Curtis:most recent book that came out in July of keys to authenticity
Kim Curtis:is the book. And I wrote a chapter in there called Money is
Kim Curtis:looking for
Janice Porter:you. Oh, I love it. Okay, and so
Kim Curtis:the red carpet was a result of that book hitting
Kim Curtis:bestseller status. Oh,
Janice Porter:fantastic. Who where was it? Where was it? One
Janice Porter:of the hotels?
Kim Curtis:Yeah. The Beverly Hills Hilton. Oh, iconic. Is
Kim Curtis:that? Yeah.
Janice Porter:Yep. My parents used to live right near there.
Janice Porter:Oh, yeah. And we used to I think it was the was it the Hilton is?
Janice Porter:Is that the one where they have the Golden Globes? Yes. Yes. So
Janice Porter:my dad and I, this is many, many years ago, we used to walk up
Janice Porter:Wilshire to the Beverly Hilton when the Golden Globes are on
Janice Porter:and just hover in the hobby and lobby so we could just start
Janice Porter:star gaze, our gaze. Yeah, that was fun. Back in the day, but ya
Janice Porter:know, that's so that's so congratulations. That's
Kim Curtis:Thank you. The award was called the Quilly. Award,
Kim Curtis:which the same people that make the award for the Golden Globes
Kim Curtis:and the Oscars do the Quilly.
Janice Porter:Okay, cool. So the feather pen Aquila. Yeah,
Kim Curtis:I don't know if you could see it in my screen behind
Kim Curtis:me. I just, yes. I just got it last week. So it's like, where
Kim Curtis:do I put it?
Janice Porter:Yeah. Perfect. Yeah. Move it. Move it
Kim Curtis:more this
Janice Porter:bit this way? Yeah. But it's very cool.
Janice Porter:Congratulations. So cool. Thank you. So a couple more questions
Janice Porter:for you. One is that you, you do talk about and I don't know
Janice Porter:whether you want to go through the six steps but that you look
Janice Porter:at six steps to change one's relationship with money so that
Janice Porter:they go and I liked this piece from complex cated to come to
Janice Porter:confident. So maybe just highlight what, what are the
Janice Porter:biggest pieces that that help someone go from complicated with
Janice Porter:money from complicated to confident?
Kim Curtis:You know, I think the number most important one is
Kim Curtis:to not be afraid of the languaging. We didn't create it,
Kim Curtis:but to embrace the curiosity around it. And what I mean about
Kim Curtis:that is educate yourself around money. And probably the very
Kim Curtis:first thing which we talked about is be awake. Yeah, don't
Kim Curtis:let someone else take the reins of money with you just trusting
Kim Curtis:that. It is a collaborative effort.
Janice Porter:That just took me right back, right back to my
Janice Porter:father saying, Don't worry, we'll look after it. I'll look
Janice Porter:after it. Right. I just took me right. Because that has haunted
Janice Porter:me throughout my life.
Kim Curtis:So if you have if you are working with a financial
Kim Curtis:planner, or advisor, and your spouse is showing up, and you're
Kim Curtis:not, that's a mistake. You need to go to those meetings. And
Kim Curtis:when they say, oh, it's boring, you don't need to go. Yes, you
Kim Curtis:do. Yeah. Yeah. And on the tax return, you need to look at the
Kim Curtis:tax return. And be a part of that conversation and meet with
Kim Curtis:the CPA, so that you understand what's going on in the
Kim Curtis:household.
Janice Porter:Yeah, it says all of that stuff, right. And then,
Janice Porter:and then I mean, I can see I have two daughters, ones like
Janice Porter:me, ones like her dad, once a safer one. suspender is just is
Janice Porter:that personality, that's got to be partly personality?
Kim Curtis:Well, there is something innate about that,
Kim Curtis:however, money we created, and it has no value other than the
Kim Curtis:value we give it. So I think it's more values driven, then
Kim Curtis:perhaps innate, yeah, that makes sense. Because our values evolve
Kim Curtis:over time. So if you think about, that money is looking for
Kim Curtis:you. Instead of I need money, I need money, no money need you
Kim Curtis:because it has no power other than the power we give it, I
Kim Curtis:love
Janice Porter:this money is looking for you.
Kim Curtis:So if you think about that, as women, we're
Kim Curtis:generally the ones doing the budget in the household. So we
Kim Curtis:we know what we're spending Yeah, we just are not embracing
Kim Curtis:the investment side of the longer term objectives, we think
Kim Curtis:that that should be someone else's job. And we think that
Kim Curtis:they're capable of doing it, they're absolutely not
Kim Curtis:necessarily capable of doing it. They just feel like it's their
Kim Curtis:job to like mowing the lawn or whatever. And they don't know
Kim Curtis:any better. They really don't know any better. So it's really
Kim Curtis:important that you don't put that burden on that person.
Kim Curtis:Right. And you share the burden, not only of that, but then share
Kim Curtis:the burden of the household expenses be so that you don't
Kim Curtis:get blamed for spending too much. They probably have no idea
Kim Curtis:how much really is spent in the household.
Janice Porter:Right? So let me ask you this, just this just
Janice Porter:came to me because I have a little four year old
Janice Porter:granddaughter who's the light of my life, and yeah, what's the
Janice Porter:message I should give her about money?
Kim Curtis:Oh, it's all about empowerment. That money, money
Kim Curtis:is good. That what you do with money allows you to do good
Kim Curtis:things for others. And really, the myth out there of what our
Kim Curtis:parents or grandparents or others may have said tied to
Kim Curtis:beliefs that are not true. And the more that there is girl
Kim Curtis:empowerment around money and choices, the stronger she will
Kim Curtis:be, which is what we talked about with the 20 Somethings.
Kim Curtis:Yeah, they already got it. Most of them.
Janice Porter:It's funny, because she had two incidents.
Janice Porter:Last week when we went we had a garage sale in the neighborhood.
Janice Porter:And she she came over to visit and and she said, Oh Grandma,
Janice Porter:why don't you have your garage open? And you know, I said,
Janice Porter:because I didn't want to do that. But would you like to go
Janice Porter:to the garage sale? I said, here's $2 Let's go we'll go
Janice Porter:shopping and see what you can find. And so that was one and
Janice Porter:then the other one she found some money on the playground.
Janice Porter:And so I told her to to we washed it because I wash it and
Janice Porter:then we have I said why don't you put it in your piggy bank
Janice Porter:but at for it's not doesn't mean anything at this point. But you
Janice Porter:know, a little bit of spending a little bit of saving, trying to
Janice Porter:know a little bit of both. So I thought that was kind of fun.
Janice Porter:And you know about it.
Kim Curtis:When I have a daughter and son they're young
Kim Curtis:adults 25 and 23. But when my son he played lacrosse and what
Kim Curtis:I we would go to a secondhand store and you would see a lot of
Kim Curtis:lacrosse helmets. And those helmets go for over 100 bucks.
Kim Curtis:And they would be at Goodwill or whatever aarC for five bucks.
Kim Curtis:Yes. And I would have him get that and then he would take it
Kim Curtis:to the the second hand store in the high end neighborhood. Uh
Kim Curtis:huh. To get money for it. So it would maybe it would sell for 75
Kim Curtis:bucks. Wow. And he would get half the price of that from that
Kim Curtis:from that store. So he learned how to do something like that,
Kim Curtis:where the opportunity is. And there's a little work and doing
Kim Curtis:it. But he learned that that work was important for him to do
Kim Curtis:so that he had some spending money. So things like that are
Kim Curtis:really important to demonstrate. And in the beginning, we have to
Kim Curtis:show them how to do it. Yeah. Whether it be Facebook
Kim Curtis:marketplace, or whatever, to show them, that making or
Kim Curtis:earning money is relatively easy. And that's the lesson they
Kim Curtis:need to learn.
Janice Porter:And that's yes, that's a great idea. Because the
Janice Porter:first lesson we've learned as we've given away to somebody
Janice Porter:else, then because she's got these bikes that she's grown out
Janice Porter:of, we gave the Strider bike away, so someone else could use
Janice Porter:it and learn how to ride the bike. But the next one, we
Janice Porter:probably should sell. Because it's worth more. And that would
Janice Porter:be a really good. You know, we're trying to teach her that,
Janice Porter:you know, yeah, she wants to keep them both, so she can ride
Janice Porter:them both. Well, one's too small for her. Right. So yeah, so it's
Janice Porter:it's all lessons anyway, this is just fun. But this has been
Janice Porter:amazing. I have to ask you one last question or two last
Janice Porter:questions online. One is my curiosity question, because I
Janice Porter:love to do that curiosity. And we've talked about this, that
Janice Porter:word has come up in our conversation. So it's my
Janice Porter:favorite word. I love curiosity. And that's what I think spurs me
Janice Porter:on with my podcast being curious. So do you believe that
Janice Porter:curiosity is innate, or learned? And part two? What are you most
Janice Porter:curious about these days?
Kim Curtis:I think it's learned. Okay. I think it's
Kim Curtis:learned anyone can be curious. So And what am I curious about
Kim Curtis:today? I am curious about so many things. I think curiosity
Kim Curtis:is the key to success, the more that you don't think you have
Kim Curtis:the answer, and you're curious about learning more, the more
Kim Curtis:you'll grow, and being a lifelong learner is part of that
Kim Curtis:success ticket. So I am really curious about where we will end
Kim Curtis:up as it relates to capitalism, and conscious capitalism, and
Kim Curtis:how we will change the conversation about corporations
Kim Curtis:just focusing on profit for the shareholders, versus focusing on
Kim Curtis:sustainability and adding back to the earth and the things that
Kim Curtis:are important to our planet. Because we're all connected.
Kim Curtis:We're all one. And the more we learn to understand that,
Kim Curtis:outside of our rugged individualism in this country,
Kim Curtis:and Canada, we kind of have the same culture is really will be
Kim Curtis:an interesting thing to unfold.
Janice Porter:Thank you. And any last words for the audience?
Kim Curtis:Love yourself. Learn to love yourself. Learn to trust
Kim Curtis:your instinct. Learn to trust who you are. And once you know
Kim Curtis:that you're already enough. Everything else falls into
Kim Curtis:place. Believe me.
Janice Porter:I love it. Thank you. Thank you so much. Thank
Janice Porter:you for your wisdom. Thank you for sharing some fun things with
Janice Porter:us as well. And you were a delight to have on the show. I'd
Janice Porter:much appreciate you being here. And to my audience, thank you
Janice Porter:for being here. And being loyal. Please. If you love what you
Janice Porter:heard, please leave a review and let us know. I will leave Kim's
Janice Porter:info and her books and how you may get ahold of her I'm sure I
Janice Porter:know. Kim's on LinkedIn for sure. And her wealth sorry,
Janice Porter:wealth
Kim Curtis:legacy Institute,
Janice Porter:the wealth legacy Institute. I'm so sorry. If
Janice Porter:you're in the United States, you might want to check it out. So
Janice Porter:thank you so much. And remember to stay connected and be
Janice Porter:remembered. One
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